Pegasi Northwest is located in West Jordan, UT. The organization was established in 2017. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pegasi Northwest is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Pegasi Northwest generated $310.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $288.1k during the year ending 12/2023. While expenses have increased by 7.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PEGASI NORTHWEST IS A NONPROFIT CORPORATION FOCUSING ON EDUCATION ABOUT AND PROMOTION OF THE ART OF ANIMATION AND RELATED ARTISTIC WORKS CREATED BY THEIR RESPECTIVE FANS. WE HOST AN ANNUAL, VOLUNTEER STAFFED EVENT TO PROMOTE AND EDUCATE THE PUBLIC ON VARIOUS ASPECTS OF THE FOREGOING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FROM AUG 11-13, 2023 PEGASI NORTHWEST HELD OUR ANNUAL ARTS EDUCATION PUBLIC EVENT, EVERFREE NORTHWEST 2023. WE INVITED SPECIAL GUEST SPEAKERS, PERFORMERS, AND ARTISTS/CRAFTSPEOPLE TO SPEAK ABOUT THEIR WORK, ENTERTAIN THE PUBLIC, AND ANSWER QUESTIONS REGARDING THEIR INVOLVEMENT IN THE ARTS AND CULTURE SURROUNDING THE ANIMATED TELEVISION SHOWS, THEATRICAL MOVIES, COMIC BOOKS, AND ENTERTAINMENT PRODUCTS OF THE MY LITTLE PONY FRANCHISE. APPROXIMATELY 1850 PEOPLE PARTICIPATED IN THE EVENT, INCLUDING APPROXIMATELY 250 CHILDREN. WE HAD THE SUPPORT OF APPROXIMATELY 200 VOLUNTEER STAFF THAT HELPED TO RUN THE EVENT AS WELL AS MANAGE AND MAINTAIN ALL DEPARTMENT SERVICES OF THE ORGANIZATION THROUGHOUT THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kyle Elliott President | OfficerTrustee | 1 | $0 |
C Scott Kinnersley Treasurer | OfficerTrustee | 5 | $0 |
Cole Daigneault Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $46,402 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,595 |
Noncash contributions included in lines 1a–1f | $6,500 |
Total Revenue from Contributions, Gifts, Grants & Similar | $56,997 |
Total Program Service Revenue | $266,177 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$20,663 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $7,684 |
Miscellaneous Revenue | $0 |
Total Revenue | $310,195 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $54,159 |
Advertising and promotion | $3,653 |
Office expenses | $14,807 |
Information technology | $60 |
Royalties | $0 |
Occupancy | $0 |
Travel | $21,492 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $288,140 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $41,325 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $41,325 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $41,325 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $41,325 |